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brunners

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brunners

Re: None

Thursday, 03/07/2024 1:48:09 AM

Thursday, March 07, 2024 1:48:09 AM

Post# of 11254
recoveries Under Reorganization Plan
RAD Shareholders
Under the plan Rite Aid shareholders are in Class 9 and are not allowed to vote on the plan - they are deemed to have rejected the plan. They get no recovery and shares will be cancelled on the plan effective date:

"All Existing Equity Interests in Rite Aid will be cancelled and extinguished, and Holders of Existing Equity Interests in Rite Aid shall receive no recovery on account of such Interests."
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